Eleco Public Share Discussion Threads

[chrisdgb] 07/2/2019 12:51

Has this been tipped somewhere..??

[smithie6] 25/1/2019 09:48

well done ELCO

----
& yes the acquisitions look good

(& I think all acquisitions in the recent yrs have been good...& worked well..& seem to have been integrated without any reported problems..hopefully these will be as well)

[clangor2] 25/1/2019 09:40

Well pleased with update. Can't understand why there's been so much selling recently with the company so well placed whatever the out-turn of the Brexit fiasco. Still don't think pi s have taken on-board the significance of the two acquisitions last year. Chairman writes:
"The acquisition of Shire Systems in July 2018 provided Elecosoft with an immediate foothold in the strategically important computerised maintenance management systems market. It also extends Elecosoft's coverage of software solutions across the life cycle of property assets and facilities.

ActiveOnline based in Wesel, Germany, which was acquired in November 2018, will collaborate closely with ESIGN, Elecosoft's international software visualisation business based in Hannover, Germany. These two companies have each created and maintain an extensive visualisation software offering. ESIGN specialises in the development of software for the visualisation of hard and flat surfaces, and ActiveOnline specialises in the development of software for the visualisation of curved surfaces, soft fabrics and coverings."

One happy bunny !

[chrisdgb] 25/1/2019 08:11

Nice update, should push back towards highs.....

[edmonda] 25/1/2019 08:09

encouraging update on a 'significant' 2018 with results to be well ahead of 2017 and 'comfortably' in line with forecasts.

New Equity Dev research note just out, forecasts unchanged and fair value held at 115p / share, versus 72p close last night.

Freely available here:

[chrisdgb] 22/1/2019 10:32

Do you have a date?

[petewy] 20/1/2019 18:14

trading update this week?

[ansc] 18/1/2019 18:45

Elecosoft's exhibiting at München [BAU 2019] goes well:

[ansc] 15/1/2019 13:02

With the share price having been in the doldrums recently plus the Brexit shenanigans looming large today , a burst of buying interest this morning. The question is ... why?

[ansc] 10/1/2019 09:39

In spite of the smallish selling yesterday, spread remains at 66.5/67.0p this morning; they need more shares ... before the trading update.

[ansc] 09/1/2019 14:42

For those of a nervous disposition whom wish to abandon ship before the trading update in a couple of weeks time (and there seems to be quite a few out there recently), a very tight spread today [for 5k] at 66.5/67.0p; grab the opportunity, the Market Manipulators must want your shares!

[smithie6] 09/1/2019 10:38

good info ansc
thanks for posting

[ansc] 08/1/2019 13:02

A busy few days coming up for Elecosoft subsidiaries, exhibiting at:

Heimtextil 2019 8-11 January 2019, Frankfurt, Germany [Active Online and Esign]

Domotex 2019 11-14 January 2019, Hannover, Germany [Active Online and Esign]

BAU München 2019 14-19 January 2019, Munich, Germany [Powerproject, Arcon Evo, Staircon and Interiormarket]

[clangor2] 04/1/2019 14:44

Didn't expect to be pocketing a few more quite as quick but at 66p couldn't resist, price 20% lower than when interim figures announced in Sept. What's changed since then ?

[clangor2] 03/1/2019 12:03

Not sorry to see the back of 2018, horrendous for my small portfolio with each holding falling in price bar Elecosoft. With the Brexit charade showing little sign of reaching any kind of solution in the immediate future, will 2019 turn out to any better? Have made a New Year Resolution, however, to gradually offload most whenever possible but stick with and add to my Elecosoft holding if the opportunities arise. A disappointingly weak ending to the year for them but the share price still rose from 41.5p at start, ending on 68.5p for a 65% gain. Not many companies managed that kind of performance last year.

Three reasons for my risky decision: one, chair Ketteley concluded in his Interim statement ‘I believe we remain resilient to any effects of Brexit’; two, with the Active Online acquisition announcement, Ketteley wrote (under current trading) ‘The Company continues to trade in line with its expectations and its assessment of outlook and the market remains unchanged.’ Presumably market expectations are that of finnCap (co broker) and the latest 2018 forecast I can find from them is for turnover of £22.5m, profit of £3.6m with a target price of 88p; three, the market appears to have ignored the potential benefits of the Active Online acquisition once integrated with their own Esign subsidiary. I’m hoping their combination will turn out to be a little corker!

The company hasn’t notified the market of any significant changes to trading recently as their obligated to do so decided it’s worth a gamble. It’s only money!!!

Someone must be desperate for money, sold six shares this morning (lol)

[ansc] 27/12/2018 17:19

10.4k shares sold this morning (0.013% of share capital)and the share price was marked down 5.7%. Unbelievably, a few investors (?) were panicked into selling ... one up to the Market Manipulators.

[smithie6] 17/12/2018 11:23

750,000 share options from Oct. 2016

about to vest with the 2018 results (& well done to the dirs. for the good perf. & steps taken since Oct 2016)

Do the options vesting affect the calculation of annual profit ?

(750.000 shares. ~ 42p profit per share. Gain is 308k pnds.; does that count as a cost in the profits calcs. ??)

[ansc] 14/12/2018 18:28

Elecosoft's working relationship with Seddon Construction:

[full case study, although lengthy, worth reading]

[rathkum] 14/12/2018 08:58

ansc - you are correct. Now what made me think it was December last year.

I am optimistically expecting eps of 3.4p-3.5p per share mainly on the back of higher margins.

[ansc] 13/12/2018 17:54

Cheers, rathkum, seasons greetings to you and yours and I'll second your wish for a profitable 2019, Brexit or not.

Are you being a tad optimistic re a trading update next week as last year it came on 23rd January and Shire Systems has had to be integrated as well during the last six months. Whenever, I'm looking forward to it optimistically like you.

It's worth remembering that the year ending December, 2018, results govern whether the share options mentioned in the RNS (of 28 October '16) get granted. There were two conditions attached, firstly revenue of at least £21.4m and secondly eps of at least 2.76p/share. The revenue condition is virtually 'a gimme' as not only Shire but also ICON have been acquired since then; for eps, I'm hoping close to 3.0p for the same reason. The share price was 28.7p back then so a juicy 250% gain is quite an incentive!

[rathkum] 13/12/2018 12:37

Trading update next week?-looking forward to it.

Wishing all on this board a Merry Christmas and a profitable 2019.

[ansc] 12/12/2018 17:54

Elecosoft launches Powerproject Vision:



Concluding paragraph: Ben Taunt, UK Sales Manager for Powerproject comments, “Powerproject Vision has received overwhelmingly positive feedback from beta testers and from attendees at user meetings around the country. We often hear clients asking “am I looking at the right version of the project plan” and “who approved this plan?” Powerproject Vision helps answer these questions; it is a highly configurable system that can be tailored to match a company’s business profile.”

[ansc] 28/11/2018 18:27

ICON gaining recognition:



I find the price of some of the 'loftier' trade marks going through as bewildering!

[ansc] 27/11/2018 18:30

The Timber Design Studio uses Elecosoft's Framing software:

[ansc] 21/11/2018 13:50

An unusually tight spread (for ELCO) this morning - 71.1/71.5p (for 5k). My 'pot' is overflowing already with shares otherwise I'd be in for a few more. It's worth remembering that the recent Scrip Dividend reference price for new shares was 84.8p and was taken up in full by the chairman and a non-exec (whom once [1994 - 2010] was the company FD!). Confidence shown by those who should know.